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The latest announcement is out from Sany Heavy Equipment International Holdings Co ( (HK:0631) ).
Sany Heavy Equipment International Holdings Co announced the grant of 36,465,501 restricted shares to 1,859 eligible participants as part of its 2019 Restricted Share Award Scheme. This move is aimed at incentivizing employees, including senior managers and directors, and aligning their interests with the company’s long-term goals. The vesting of these shares is scheduled over a five-year period, indicating a strategic approach to employee retention and motivation.
More about Sany Heavy Equipment International Holdings Co
Sany Heavy Equipment International Holdings Co is a company incorporated in the Cayman Islands, primarily engaged in the heavy equipment industry. The company focuses on manufacturing and distributing construction machinery, mining equipment, and related products.
YTD Price Performance: 7.72%
Average Trading Volume: 1,664
Technical Sentiment Signal: Buy
Current Market Cap: $2.05B
For a thorough assessment of 0631 stock, go to TipRanks’ Stock Analysis page.